Back in 1997, when HTC was a design and manufacturing outfit, it launched what was then a unique product: a PDA. Less than two years later, with the company requiring a large injection of cash, it was clear the product was ahead of its time. As co-founder Cher Wang (daughter of the second richest man in Taiwan) later observed: ‘The market just wasn’t ready for a PDA phone that behaved like a minicomputer’.
Yet just last week, HTC announced some extraordinary news. Record profits for the first three months of the year had hit £313m, triple that of the same period last year – and in terms of market value, it had overtaken Nokia. It seems HTC hasn’t just captured your imagination – it’s captured your wallet, too.
Read on to reveal the secrets behind its success!
Hyundai has dropped plans to launch a mobile business in the UK, taking with it any hope of the UK seeing the Hyundai MB-910 watch phone. The dream is over.
Can you smell that? That’s the smell of freshly grilled tech news headlines, sizzling away on your desktop for you in the latest edition of Lunchtime Lowdown.